While the Z4 sDrive 35i is priced at Rs. 68.9 lakh, its design pure traction variant which offers a more plush and sporty interior has been priced at Rs. 69.9 lakh (all India ex-showroom).
Both the variants are powered by a turbo charged petrol engine that puts out 306 brake horse power and is mated to a seven speed sport automatic transmission.
As a result, the cars zoom from 0 to 100 kph in just 5.1 seconds and boast of a top speed of 250 kph.
The driver can choose from three types of driving modes -- comfort, sport and sport plus.
In terms of safety, the car offers four air bags, dynamic stability control, brake assist.
"The new Z4 embodies the excitement of dynamism and aesthetics in a more uncompromising style," BMW Group India president Philipp von Sahr said.
This will be imported into India as a complete built up unit and compete with the Mercedes SLK and the Porsche Boxster.
BMW Z4 facelift gallery